VICOIN
Vicoin is a fundamentally new paradigm and platform for the creation of the dominant cryptocurrency, VICoin, based on the alternative development of the virtual economy. We develop an ecosystem that allows us to develop a global business simulator that emulates macros and micro economic processes throughout of with the interaction of economic agents. We develop a virtual economy ecosystem where you can get a return on your investments in the assets of the virtual company, generating the “fuel” for the cryptocurrency without consuming megawatts of electricity, buying tons of expensive hardware and video cards, or rent space for mining farms. More than that, it will allow the direct capitalization of intellectual capacities, management skills, work and time dedicated to the creation and development of a virtual economy.
PROBLEMS TO BE SOLVED
Tall financial, technological and intellectual hurdles of mining as a means of earning cryptocurrency on the mass market:
Block mining as a way of cryptocurrency earning is still very much the preserve of advanced technology geeks. Today, by far the overwhelming majority of people lacking specialized knowledge in both blockchain technologies and cryptocurrency economy is barred from the mining market.
Earning cryptocurrency by mining involves quite substantial investment in technological infrastructure as well as operating costs of running and maintaining mining “farms” and electricity bills. Inevitably, return rate for the owners of small domestic farms decreases, and this downward trend will continue.
SOLUTION
Aiming at providing a massive scale for generation and use of cryptocurrencies, they divide the process of the latter’s creation into two fundamentally different processes: first, mining as the technological process cryptographic blocks generation, too complicated for most people to understand; and second, digging as the activity which is meaningful and comprehensible for the general public, forming foundation for generation of tokens and awarding them to people according to the results of their operations.
Advantages of the Virtonomics project and investment in Tokens VICoin
VICoin token
Tokens are issued gradually and with decreasing time effects. For example, 19% of tokens will be mined in the first year of 19% but only 15% in the second year, and so on. The fall of the number of mining tokens with the expansion of the project audience will increase the demand and, consequently, the token level.
Roadmap
2018 — Phase 1
Building blockchain infrastructure of Virtonomic$ platform
Limited issue of VICoin tokens for the ICO
Redesigning algorithms of Virtonomics business simulation to match the tasks of the cryptocurrency platform
Redesigning and streamlining business simulation interfaces for mass user
Preparing and launching the ICO
2018 — Phase 2
Releasing Virtonomic$ business simulation in the base functionality (cryptocurrency generation, self-contained economy, digging units, new UI, labor market etc) in English, Russian and Spanish
Beginning to build the network of partner services accepting VICoin as payment
Promo campaign for Virtonomic$ project and VICoincryptocurrency
2018 — Phase 3
Releasing the second milestone of the updated Virtonomic$ functionality (OpenData integration, expanding the functionality of the Virtonomics alternative market)
Further project localization (translation into Korean, Japanese, Chinese, German, French and Portuguese)
Widening the network of partner services accepting VICoin
Promo campaign for the Alternative Labor Market project
2018 — Phase 4
Launching Virtonomic$ mobile app
Developing Virtonomics console apps (Xbox, PlayStation)
More widening the network of partner services accepting VICoin
500 000 users in 2018, tentatively 3 000 000 in 2019
Team
Further Information about the ICO please visit;
Official Website: https://virtonomics.io/en/
Official Whitepaper: https://virtonomics.io/assets/templates/virta/ico-docs/Whitepaper_Virtonomics_PreSale_en.pdf
Ann Thread: https://bitcointalk.org/index.php?topic=2450650
Author TheJohnMatch
Mybitcoinprofile:https://bitcointalk.org/index.php?action=profile;u=1673694